SEC Throws Another Wrench into Wall Street’s SPAC Machine

April 13, 2021/in blank check company, Business Moves & Mergers, corporate securities liability, initial public offering (IPO), National News, Securities and Exchange Commission, spac insurance, spac liability, Special Purpose Acquisition Companies (SPACs) /by wpmaddoxins

U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to a key element of blank-check companies. The Securities and Exchange Commission is setting forth new guidance that warrants, which are …

SPAC Mania Anxiety Grows; Bankers, Regulators, Insurers Try to Keep Pace

April 1, 2021/in initial public offering (IPO), National News, spac insurance, Special Purpose Acquisition Companies (SPACs) /by wpmaddoxins

Anxiety is growing that the wellspring of special-purpose acquisition companies, a 2020s echo of the dot-com mania of the 1990s, is bumping up against the limits of both Wall Street and Washington. The pipeline of SPACs rushing to market is …